It’s an open secret that Xiaomi is working on a phone with a MediaTek 6595 CPU to blunt the introduction of the similarly-CPUed Meizu MX4 (which, if Meizu’s claim is true, has gotten at least 7.7 million pre-orders).
iLevon — who works on the Xiaomi MIUI team — sent out a Weibo communiqué that is cruel in its possible specs and prices:
4G and those specs at US$245 tops?! This is a very, very cruel joke.
Mike Cane’s xBlog 
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